Going up against some tough comps (verance etc)...if you factor in IV dropoff plus increase in opex on top of that....my guess is there will be some selling.
Overall market probably going to get hit as well unless there is some miracle in the jobs numbers...which won't help.
I think that the call was positive for the long term...potentially even bigger than we have all thought...but 2nd wave looks like even though its getting bigger/better the timing of deals sound like more of a 2014 story...although he did seem to hint that there could be some unexpected upside from licensing 2nd wave earlier in q&a....but also doesn't sound like there was much positive to say about the IV relationship/dispute
Near term I wouldn't be surprised to see some selling...Q3 and Q4 sound like they could be brutal
So...sounds like near term got a bit worse...but the medium/long-term got better
really? I was doing other stuff while the call was on, but he prefaced the vague references to the mid may update with an apology for the stock not being very much of a winner lately, right? Maybe I'm just too big a fan of the mystery box, but that was enough to bolster my spirits.
LT im a huge believer...but it only takes one fund or one large trader to move the stock around. Although it sounds like some very good announcements coming...if you look at the numbers its not looking too great for 2013....while 2014 sounds like it could be huge...my guess is there are still a few impatient investors in the stock...